Franklin is a larger medium-sized city located in the state of Tennessee. With a population of 88,558 people and 21 associated neighborhoods, Franklin is the seventh largest community in Tennessee. There's nothing like the smell of a brand new house, and in Franklin, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Franklin, and putting down their money on brand new construction. Franklin’s real estate is, on average, some of the newest in the nation. Franklin does seem to be experiencing an influx of affluent people, because the median household income is $106,592.00.

Franklin home prices are not only among the most expensive in Tennessee, but Franklin real estate also consistently ranks among the most expensive in America.

Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.44% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One thing noticeable about Franklin, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Franklin is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Franklin a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.

If knowledge is power, Franklin is a pretty powerful place. 63.44% of the adults in Franklin have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Franklin in 2022 was $54,946, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $219,784 for a family of four.

Franklin is a very ethnically-diverse city. The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Asian. Important ancestries of people in Franklin include English, German, Irish, Scottish, and Italian.

The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Langs. of India.